1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lutik1710 [3]
3 years ago
9

Suppose that the equilibrium price and quantity for 1 bedroom apartments in Orange County is $2,000 and 250,000 respectively. Wh

at is the most likely outcome from the Orange County Board of Supervisors' implementation of a price ceiling at $2,500 for a 1 bedroom apartment
Business
1 answer:
ad-work [718]3 years ago
8 0

Answer: c. No effect

Explanation:

This is a non-binding price ceiling. A none-binding price ceiling is a price ceiling that is higher than the equilibrium price for a commodity in the market. As a result, there will be no effect on the market.

The reason being that a price ceiling is a price that companies and people are not meant to exceed. If this price is already higher than the equilibrium price, there would be no need to exceed or go below it it so there would be no effect.

You might be interested in
On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $25.00 per share. On March 1, a dividend of
Kitty [74]

Explanation:

The computations are shown below:

a. Proceeds from the short sale (net of commission)

= Number of shares × (Market selling price per share - commission per share)

= 100 × ($25 - $0.10)

= $2,490

b. The dividend payment is

= Number of shares × dividend paid per share

= 100 shares × $2.50

= $250

c. Total cost including commission is

= Number of shares × (Market purchase price per share + commission per share)

= 100 × ($16.20 + $0.10)

= $1,630

d. The net gain from your transaction is

= $2,490 - $1,630

= $860

6 0
3 years ago
One year ago, you purchased 500 shares of stock for $22 a share. The stock pays $0.32 a share in dividends each year. Today, you
galben [10]

Answer:

no option is correct

long term capital gains = ($24.50 - $22) x 500 = $1,250

dividend income = $0.32 x 500 = $160

total return = $1,410

Maybe your teacher is asking about long term capital gains only. If that is the case, then option A. $1,250 is correct

Explanation:

total return = ending value - initial value + dividends received = (500 x $24.50) - (500 x $22) + (500 x $0.32) = $12,250 - $11,000 + $160 = $1,410

holding period return = (ending value - initial value + dividends received) / initial value = $1,410 / $11,000 = 0.1282 = 12.82%

8 0
3 years ago
an example of the frictionally unemployed is a(n): Group of answer choices geologist who is permanently laid off from an oil com
Anna35 [415]

Answer:

real estate agent who leaves a job in Texas and searches for a similar, higher paying job in California

Explanation:

Frictional unemployment occurs when Labour leaves his job in search of another one. It is the period between Labour leaves current employment and get another one.

geologist who is permanently laid off from an oil company due to a new technological advance is an example of structural unemployment

worker at a fast-food restaurant who quits work and attends college is am example of voluntary unemployment.

autoworker who is temporarily laid off because of a decline in sales is an example of cyclical unemployment.

I hope my answer helps you

8 0
3 years ago
Describe the relationship among TFC , TVC and TC with the help of cost schedule and diagram.​
dangina [55]

Answer:<em></em><em>This is explained as follows: TC – TVC = TFC. The TFC curve is parallel to the horizontal axis while the TVC curve is inverted-S shaped. Thus, the TC curve is the same shape as TVC but begins from the point of TFC rather than the origin.</em><em>Since the TFC curve is horizontal, the difference between the TC and TVC curve is the same at each level of output and equals TFC. This is explained as follows: TC – TVC = TFC. The TFC curve is parallel to the horizontal axis while the TVC curve is inverted-S shaped.</em>

<em>Explanation</em><em>:</em><em> </em><em>Sorry</em><em> </em><em>I</em><em> </em><em>can't</em><em> </em><em>give</em><em> </em><em>you</em><em> </em><em>the</em><em> </em><em>diagram</em><em> </em>

6 0
3 years ago
Older adults who work bridge jobs tend to be ________ than those who work full time or quit completely.
yaroslaw [1]

Older workers are also more likely to become self-employed, with small businesses or consulting work, some employers offer phased retirement (called "bridge work"). The tendency for elderly people to perceive, prefer, and remember positive images and experiences more than negative ones.

<span> </span>

6 0
3 years ago
Other questions:
  • Which of the following is a primary market transaction?
    13·1 answer
  • Which of these statements about cycle inventory is​ BEST? A. Cycle inventory exists to avoid customer service problems. B. Cycle
    9·1 answer
  • True or False
    10·1 answer
  • What is a credit score ​
    9·1 answer
  • A company has large number of employees who have various roles and responsibilities. many times the company has encountered situ
    5·1 answer
  • Suppose that the production function faced by a 30-weight ball bearing producer is given by Q- 4KL, where MP = 2K2 and MP = 2K L
    8·1 answer
  • In response to a change in the price of good X from $10 to $6, the quantity demanded of good X increases from 100 to 150 units.
    6·1 answer
  • Violet is putting together a cross-functional team to do a high-level analysis of the organizational structure. She explains to
    10·1 answer
  • Consider each of the transactions below. All of the expenditures were made in cash.
    7·1 answer
  • You purchased five call option contracts with a strike price of $22.50 and an option premium of $.48. You held the option until
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!